Common use of Rate Increase Clause in Contracts

Rate Increase. The Note is hereby amended to provide that the interest rate of the Note is increased from 5.00% per annum to 6.00% per annum.

Appears in 7 contracts

Sources: Loan Modification Agreement (Kingfish Holding Corp), Promissory Note (Kingfish Holding Corp), Loan Modification Agreement (Kingfish Holding Corp)

Rate Increase. The Note is hereby amended to provide that the interest rate of the Note is increased from 5.004.00% per annum to 6.00% per annum.

Appears in 3 contracts

Sources: Promissory Note (Kingfish Holding Corp), Renewal Note (Kingfish Holding Corp), Renewal Note (Kingfish Holding Corp)